How Much Is Jollibee Franchise
Jollibee is one of the most popular Philippine franchises to date and has had several success stories in the franchise industry ranging from local to international.
Jollibee started in the Philippines in 1975 initially as an ice cream parlor and has since expanded its menu to include burgers and rice meals.
Jollibee opened its doors to the franchising world in 1978 and has since been helping entrepreneurs all over the world establish financial independence and freedom. Many people opt to establish their own businesses yet they cannot afford to take a risk on doing it by themselves without any prior knowledge or experience that is why franchises serve as the best option towards gearing entrepreneurs into building their own successful business. The overall franchise expense comes inclusive of training in terms of management and operation.
To apply for a Jollibee franchise one must have good community standing, strong leadership and people handling skills, the willingness to devote time in managing the restaurant, and the ability to successfully complete the required training program. Though having a managerial background and prior experience is not a prerequisite to apply for the franchise it is however an advantage. Therefore if you have little to no knowledge of the basics of managing a restaurant business then it would be best to take classes, do your own research or evaluate existing businesses. You may even get an idea of marketing strategies and ideal business models that they utilize and use the outcomes and effects to your advantage and review.
The initial steps include the downloading and filling up of the franchise application form which is available on the company website. Fill out the form completely and prepare a proposal for application which should include the following documents: The Letter of intent, which will contain the exact address of the proposed site as well as your contact number and mailing address, The vicinity map of the proposed site which will guide the Jollibee field personnel who will make the trip there for the on-site evaluation, Legal documents certifying ownership of the site and a detailed resume or biodata. These documents along with the application may either be directly brought in or mailed to the Jollibee main branch in Pasig City.
Processing takes around 2 to 3 months upon receipt of the application and does not necessarily secure you as a franchise owner rather is just an initial step in the application process. The support team has yet to evaluate the proposed location before making any approval. The franchise fee for the Jollibee franchise ranges from around 15 million to 30 million pesos which are roughly $266,455 to $532,890, the details of which will be discussed with you in person once you have been approved of your application. The training takes place both at the headquarters and main branch as well as on-site once your establishment has been built and is fully stocked and ready for operation.
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